"I want it to be used. That's what books are for," said Eugene Sekulow of giving his book collection to the Sheridan Libraries and University Museums.
You can transfer assets directly from a traditional IRA to support Johns Hopkins, an easy, tax-efficient way for donors to make an impact today. If you are 70 ½ or older, you are able to make a tax-free gift of up to $100,000 directly from your traditional IRA to Johns Hopkins. You can also use this transfer to satisfy your required minimum distribution. Recent changes to retirement account rules now provide a new giving opportunity: Donors 70 ½ and older are able to make a one-time distribution, up to $50,000, from their IRA to fund a charitable gift annuity.
How to make your gift:
1. Contact your IRA administrator and request that a distribution be made directly to Johns Hopkins
2. Provide your IRA administrator with our Tax ID number (52-0595110).
3. Contact the Office of Gift Planning at 410-516-7954, 800-548-1268 or firstname.lastname@example.org and let us know your gift is on the way. Provide your full name, address, and phone number, and the area of Johns Hopkins you wish to support.
Is an IRA distribution right for you? Learn more from our Retirement Assets information sheet.
Note: To use assets from another retirement plan, such as a 401(k), first move these funds into a traditional IRA, then transfer them to Johns Hopkins. You can also designate Hopkins as a beneficiary of your retirement plan.
Many giving options offer tax savings. Choose the gift that's right for you.